Daily News | SEC degrades Bitcoin | 08.10

SEC degrades Bitcoin.
SEC staff state that Bitcoin isn’t a security.
Bitcoin takes another hit, as well as losing another 3% in the last session. SEC staff claim that Bitcoin isn’t a Security.

The Euro crumbles.
The Euro remains unstable against the G10 Currencies.
Fresh yearly lows were reached in the Euro-Yen and Euro-Dollar pairs, but not due to speculation around ECB policy alone.

Oil remains pressured.
Trade tensions and geopolitical strain drive prices.
Crude oil prices corrected 1.2% upwards but continue to face pressure from geopolitical strain across the world.

USD/JPY
USD/JPY has performed a minor correction, gaining 0.1% in the last session.
The Dollar-Yen pair has performed a minor correction, gaining 0.1% in the last session. Stochastic remains neutral.

Gold
XAU/USD has lost 0.2% in the last session.
The price of gold has lost 0.2% in the last session. The MACD is currently neutral.

EUR/USD
EUR/USD has lost 0.1% in the last session.
The Euro-Dollar pair has lost 0.1% in the last session. The Stochastic-RSI remains negative.

GBP/USD
GBP/USD has lost 0.3% in the last session.
The Sterling-Dollar pair has lost 0.3% in the last session. The RSI currently dwells in the neutral zone.